How the market reacted to Dubai World's decision to seek a six-month standstill on its debt. PERE Magazine December 2009-January 2010 issue
Although the recent listings of Myer Group and Kathmandu Holdings are signs the IPO market is opening up in Australia, they give mixed signals to the private equity industry.
The latest draft of the EU’s Directive on Alternative Investment Fund Managers would apply to private equity and venture managers both large and small.
The new owner designate of London Gatwick Airport has announced that David Rowlands, a former head of Britain’s Department for Transport, is to chair the company from December.
More than 100 participants from the private equity industry spent Friday digging, building and painting as part of a Private Equity Foundation volunteer day in London’s East End.
The world this month 2009-10-30 Staff Writer <P><STRONG>California transportation RFP</STRONG><BR> The State of California has launched a tendering process to choose a financial advisor for its transport PPP projects. It is offering a management fee of $1.5 million for a two-year
The Houston-based developer and fund manager has teamed with the real estate arm of the National Bank of Abu Dhabi as it seeks to increase its exposure to the region.
Bechtel investment professionals Jeff Murphy and Sonia Axter have been brought in co-ordinate the company’s infrastructure activities.
India’s infrastructure needs are great, but the limited track record of foreign investors in the country, combined with cultural differences, have put off many global institutional investors from investing.
BAA has agreed to sell the UK’s second largest airport, ending months of negotiations. Rival bids from syndicates featuring Borealis and Citi were trumped by GIP, which reportedly secured more than £1bn in debt financing.
Airport operator BAA has used an appeal tribunal to criticise the UK Competition Commission decision last year ordering it to offload three of its airports, including Gatwick and Stansted.
The newly-formed 1Malaysia Development Berhad has teamed up with Saudi-backed investment company, PetroSaudi International to launch a company aimed at co-investing with international investors in projects in Malaysia. Target sectors include energy and real estate.
The Milan-headquartered firm, in which banking group IntesaSanpaolo has a minority stake, is making environmentally-focused investments.
According to reports in the local media, the Houston-based developer and fund manager is aiming to start investing through the vehicle in the next six to nine months.
Participants at this week’s Infrastructure Investor: New York forum argued both for and against the use of permanent-capital vehicles to own infrastructure assets. Both views are right.